Funding you earn now, next payment 02:00 UTC+0.0320%/8h= +35.0% APRnext payment +$0.40 per $10,000 · paid last 24h +0.028%
Price spread now: GMX against Aftermath Perps+0.241%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and GMX is 0.241% dearer against Aftermath Perps than usual: you sell high and buy low: +$24 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps HYPEUSD | 93.464 | −0.0162 | get 0.0020% / 1h | 31m 11s | $22K | $21K | 10x |
| Short | GMX HYPE/USD [WBTC.b-USDC] | 93.689 | L +0.0335% / S −0.0158% | get 0.0020% / 1h | 31m 11s | $1.4M | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Aftermath Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $67.18
- Price spread: +0.241% → 0.000%
- $24.07
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $70.25
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Aftermath Perps: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Aftermath Perps and GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HYPE on 54 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.0888% | 1h | 93.597 | +0.143% | $197K | $229K | 7x | as long as short |
| Arcus HYPE-USD | −0.0786% | 1h | 93.533 | +0.074% | $1.2M | $3.9M | 10x | as long as short |
| Aftermath Perps HYPEUSDlong | −0.0162% | 1h | 93.464 | long leg | $22K | $21K | 10x | |
| Phemex HYPEUSDT | −0.0112% | 8h | 93.655 | +0.205% | $12.7M | $2.7M | 50x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0089% | 1h | 93.560 | +0.103% | $701K | $988K | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.675 | +0.226% | $3K | $331 | 25x | as long as short |
| 01 Exchange HYPEUSD | −0.0064% | 1h | 93.697 | +0.250% | $86K | $351K | 20x | as long as short |
| Backpack HYPE_USDC_PERP | −0.0059% | 1h | 93.619 | +0.166% | $7.8M | $10.4M | 20x | as long as short |
| Orderly PERP_HYPE_USDC | −0.0057% | 4h | 93.638 | +0.186% | $156K | $651K | 20x | as long as short |
| Gate HYPE_USDT | −0.0052% | 4h | 93.677 | +0.228% | $44.5M | $54.7M | 75x | as long as short |
Show all 54 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster HYPEUSDT | −0.0024% | 4h | 93.678 | +0.230% | $8.8M | $36.1M | 300x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.622 | +0.169% | $128K | $31K | 5x | as long as short |
| Perpl HYPE | 0.0000% | 43m | 93.668 | +0.219% | $22K | $331K | 10x | as long as short |
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.691 | +0.243% | $26K | — | 150x | as long as short |
| Bybit HYPEUSDT | +0.0006% | 8h | 93.643 | +0.192% | $321.6M | $282.6M | 75x | as long as short |
| BingX HYPE-USDT | +0.0006% | 4h | 93.672 | +0.223% | — | $53.9M | — | as long as short |
| MEXC HYPE_USDT | +0.0054% | 4h | 93.680 | +0.231% | $88.1M | $82.7M | 100x | as long as short |
| Bullet HYPE-USD | +0.0055% | 1h | 93.673 | +0.224% | $112K | $578K | 20x | as long as short |
| Binance HYPEUSDT | +0.0056% | 4h | 93.674 | +0.225% | $381.1M | $902.2M | 75x | as long as short |
| edgeX HYPEUSDC | +0.0059% | 4h | 93.458 | −0.007% | $5.1M | $30.0M | 30x | as long as short |
| Phoenix HYPE | +0.0060% | 1h | 93.705 | +0.258% | $211K | $1.2M | 10x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0066% | 8h | 93.670 | +0.221% | $115.2M | $310.2M | 50x | as long as short |
| Derive HYPE-PERP | +0.0079% | 1h | 93.634 | +0.182% | $16.2M | $7.7M | 10x | as long as short |
| Paradex HYPE-USD-PERP | +0.0095% | 8h | 93.695 | +0.247% | $340K | $165K | 20x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.683 | +0.235% | $16.4M | $62.4M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.682 | +0.233% | $3.1M | $11.9M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.675 | +0.226% | $66K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.677 | +0.228% | $398K | $177K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0100% | 8h | 93.660 | +0.210% | $21K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.644 | +0.192% | $5.7M | $45.2M | 10x | as long as short |
| Hyperliquid HYPE | +0.0100% | 1h | 93.777 | +0.335% | $2.05B | $670.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.674 | +0.225% | $10.1M | $14.8M | 20x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.665 | +0.215% | $46.2M | $18.4M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.681 | +0.232% | $226.6M | $99.6M | 75x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.610 | +0.157% | $31.0M | $54.8M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.468 | +0.005% | $7.5M | $48.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.468 | +0.005% | $338K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.655 | +0.205% | $668K | $2.6M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.706 | +0.259% | — | $243K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.708 | +0.261% | $469K | $2.5M | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.645 | +0.194% | $79K | $172K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.749 | +0.305% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.652 | +0.201% | $2.0M | $1.9M | 10x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.348 | −0.124% | $203K | $10K | 10x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.627 | +0.175% | $18.3M | $44.5M | 50x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0136% | 1h | 93.720 | +0.274% | $4.9M | $5.6M | 50x | as long as short |
| Injective HYPE/USDC PERP | +0.0137% | 1h | 93.610 | +0.156% | $30K | $339K | 12x | as long as short |
| RISEx HYPE/USDC | +0.0210% | 1h | 93.701 | +0.254% | $2.7M | $6.7M | 20x | as long as short |
| HTX HYPE-USDT | +0.0217% | 4h | 93.807 | +0.367% | $1.4M | $5.9M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0254% | 1h | 93.678 | +0.229% | $80K | $140K | 15x | as long as short |
| Kalshi KXHYPEPERP | +0.0267% | 8h | 93.719 | +0.273% | $1.9M | $5.1M | 2.3x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC]short | L +0.0335% / S −0.0158% | 1h | 93.689 | +0.241% | $1.4M | — | 100x | |
| Deribit HYPE_USDC-PERPETUAL | +0.0486% | 1h | 93.767 | +0.324% | $7.5M | $4.5M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0680% | 1h | 93.751 | +0.307% | $20.9M | $30.1M | 50x | as long as short |
Aftermath Perps HYPEUSD
GMX HYPE/USD [WBTC.b-USDC]
Phemex HYPEUSDT
01 Exchange HYPEUSD
Backpack HYPE_USDC_PERP
Gate HYPE_USDT
Aster HYPEUSDT
gTrade (Gains Network) HYPE/USD
Bybit HYPEUSDT
BingX HYPE-USDT
MEXC HYPE_USDT
Bullet HYPE-USD
Binance HYPEUSDT
edgeX HYPEUSDC
Phoenix HYPE
OKX HYPE-USDT-SWAP
Derive HYPE-PERP
Paradex HYPE-USD-PERP
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Katana Perps HYPE-USD
Hyperliquid HYPE
Pacifica HYPE
KuCoin HYPEUSDTM
Bitget HYPEUSDT
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Polymarket Perps HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Bulk HYPE-USD
Extended HYPE-USD
Coinbase International HYPE-PERP-INTX
Injective HYPE/USDC PERP
RISEx HYPE/USDC
HTX HYPE-USDT
Kalshi KXHYPEPERP
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD